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Source: Journal of Law, Economics, and Organization
Resulting in 1 citation.
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Fan, Xiaodong DeVaro, Jed |
Job Hopping and Adverse Selection in the Labor Market Journal of Law, Economics, and Organization 36,1 (March 2020): 84-138. Also: https://academic.oup.com/jleo/article/36/1/84/5673596 Cohort(s): NLSY79 Publisher: Oxford University Press Keyword(s): Job Tenure; Wages; Workers Ability Permission to reprint the abstract has not been received from the publisher. A model of employer learning (both symmetric and asymmetric) about worker ability from job histories is constructed, and testable implications are derived to detect asymmetric learning empirically. The model predicts that early-career bad job matches are particularly damaging when learning is asymmetric. Analysis of NLSY79 data reveals that job hopping is associated with lower wages for college graduates, controlling for measured ability, labor market experience, and current job tenure. Suggestive of asymmetric learning, the effect is strongest for job tenures less than one year and for early-career workers, and mitigated when job hopping severs matches that were formed during economic downturns. |
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Bibliography Citation
Fan, Xiaodong and Jed DeVaro. "Job Hopping and Adverse Selection in the Labor Market." Journal of Law, Economics, and Organization 36,1 (March 2020): 84-138.
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